PETALING JAYA, July 4 — A company director pleaded not guilty at the Sessions Court here today to two counts of criminal breach of trust (CBT), involving RM342,500.

Tai May Chean, 62, a director of investment holding company United Eastern Resources Sdn Bhd, was alleged to have transferred RM100,000 from the company’s bank account to her own bank account in another bank using the company’s cheque.

She was also charged with committing CBT by transferring RM242,500 belonging to the company to her own bank account for her personal use.

Tai was alleged to have committed the offences on two occasions at A-3-13, 8 Avenue Petaling Jaya, Jalan Sungai Jernih 8/1 here, on April 3, 2009, and June 12 the same year.

Her mother, Datin Ng Pik Lan, lodged a police report on her alleged CBT on September 9, 2015.

The charges against Tai were made under Section 409 of the Penal Code, which provides an imprisonment for up to 20 years and whipping, and fine, if found guilty.

Deputy public prosecutor N. Sivashangari, who prosecuted, offered bail at RM20,000 with one surety and for her passport to be surrendered to the court.

However, Tai’s lawyer, S. Devanandan, said his client’s son was willing to post the bail and requested the court to not confiscate her passport as she needed the document to visit her children who are living abroad.

"This is more like a family feud, the mother only reported the offence in 2015,  seven years after it was committed,” said Devanandan.

Judge Mohamad Kamil Nizam then set bail at RM20,000 with one surety and ordered Tai to report herself at the nearest police station once every two months until disposal of the case.

He set August 10 for mention. — Bernama